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The dollar dropped below ¥102.50 in Tokyo trading on Monday, weighed down by data showing slower-than-expected U.S. economic growth in April-June. At 5 p.m., the dollar was quoted at ¥102.38-38, down from ¥103.60-64 at the same time on Friday. The euro was at $1.1168-1168, up from $1.1087-1087, and at ¥114.34-35, ...

Uber Technologies Inc. will sell its China business to Didi Chuxing, the dominant ride-hailing service in the country, according to people familiar with the matter. The deal ends a costly battle between the two companies, which competed for customers and drivers. The valuation of the combined business will be $35 ...

A special Yamanote Line train designed to cheer on Japanese athletes at the Rio de Janeiro Olympics made its debut Monday on Tokyo’s busy loop line. East Japan Railway Co. (JR East) designed the 11-car train in conjunction with Nippon Telegraph and Telephone Corp., Canon Inc., Asahi Breweries Ltd. and ...

Friday was a big day for the world’s largest pension fund, which posted its worst annual loss since the financial crisis and disclosed individual equity holdings for the first time. The two may be connected. The list of domestic shares owned by the ¥134 trillion Government Pension Investment Fund hews ...

Just before the stores open in Tokyo’s Akihabara electronics district, buses pull up, unleashing Chinese tourists and their credit cards to snap up televisions, rice cookers and other gadgets. Walk into any department store and there they are, buying mascara, T-shirts and other merchandise. China’s infatuation with Japanese products is ...

One of Prime Minister Shinzo Abe’s top advisers says he favors a declaration by Japan’s policymakers that their current measures are monetizing the nation’s debt. Some people say that Japan has “already adopted ad hoc monetization of debt, and that to improve public confidence the government and the Bank of ...

Tokyo Gas Co., the nation’s second-biggest buyer of liquefied natural gas, is in talks with European companies to swap cargoes it owns from the U.S. with those in Asia to reduce shipping times and costs. The utility is offering cargoes from the Cove Point project on the U.S. East Coast, ...